Real Estate Nate shares how he has accumulated 26-units with healthy cash flow all while having a demanding W2 job!
Nate shares lessons learned from his first few deals and compares small vs large multifamily buildings. He explains how he and his wife leverage their high-income W2 jobs to propel their real estate investments and hedge associated risks. Nate dives into his consulting business involving CRM system implementation. Nate closes with tips on financing 5+ unit buildings and emphasizes the importance of building a great team to set yourself up for REI success!
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02:51 Housing Provider Tip - Power through difficult deals and keep the end goal in mind!
04:48 Intro to our guest, Nate Fernandez!
09:06 Lessons learned from Nate’s first deal!
16:17 Comparing 2-4 unit vs 5+ unit buildings.
20:16 Hedging risk with proper planning.
23:33 Setting up a property management system.
27:02 Nate’s system implementation consulting business and areas of focus.
30:43 Navigating pre-sale inspections.
35:57 Nate’s goals by 40!
38:05 Leveraging a W2 job to propel real estate investments!
40:55 How to finance 5+ unit buildings.
45:11 What is your competitive advantage?
45:53 One piece of advice for new investors.
46:19 What do you do for fun?
46:57 Good book, podcast, or self development activity that you would recommend?
47:50 Local Network Recommendation?
49:10 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Nate Fernandez
Guest Company: Optimum Process Partners
Guest Link: https://www.optimumprocesspartners.com/
Other Links for show notes:
West Suburban Building Owners Association
Extreme Ownership (Book Recommendation)
